The Fair Share Report
68 Doby Rd
Randolph, NJ 07945
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $957,512 – $1,181,744, from 12 comparable Randolph sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Randolph assessments sit below market value — republished every October, applied town-wide. A $1,111,805 home should be assessed near $795,274.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $103,274 below what the ratio math suggests (13.0%).
Step 4 · The tax rate — same for every Randolph home
$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%
Step 5 · The bill
This home vs. every recent Randolph sale · assessed ÷ market
45%88%
Paying about right
This home's ratio lands inside Randolph's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 TROUT BROOK LN | 2025-04 | $1,205,000 | 3,242 | 61.1% |
| 25 CASTLE CT | 2025-07 | $950,000 | 3,275 | 71.3% |
| 20 EDINBURGH DR | 2025-06 | $1,050,000 | 3,092 | 62.2% |
| 16 JAMES RD | 2025-08 | $948,500 | 3,501 | 68.5% |
| 5 EDGEWOOD TER | 2025-10 | $870,000 | 3,077 | 70.7% |
| 10 EDINBURGH DR | 2025-06 | $1,150,000 | 3,252 | 56.5% |
| 34 WILKESHIRE BLVD | 2025-11 | $1,065,000 | 3,570 | 62.5% |
| 7 WINCHESTER TER | 2025-08 | $1,100,000 | 3,206 | 59.9% |
| 12 SPRING BROOK DR | 2026-05 | $1,200,000 | 3,596 | 52.7% |
| 32 CASTLE CT | 2025-10 | $940,000 | 3,105 | 66.7% |
| 24 CHELSEA DR | 2025-06 | $1,135,000 | 3,174 | 59.4% |
| 29 CASTLE CT | 2026-06 | $999,000 | 3,088 | 61.3% |
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